Payments UK welcomes six new associate members

Six new organisations have signed up to become associate members of Payments UK, the trade association for the payments industry.

In June, the Payments Council ceased to exist following the loss of its powers to the Payments Systems Regulator. Payments UK then replaced the council, committing itself to supporting the payments industry in the UK. The association now has 29 associate members and 38 full members, representing a wide spectrum of payment service providers from across the industry.

The six latest new associates are:

Dovetail

Icon Solutions (UK) Ltd

Infrasoft Technologies Ltd

Nets A/S

Sidley Austin LLP

Yodlee, Inc

Associate members enjoy services such as knowledge and research in payments; the opportunity to network with industry peers; updates on key issues, such as emerging domestic and European regulation, as well as Payments UK’s World Class Payments project.

“Our growing membership is a testament to the vital role Payments UK has to play within an ever-changing payments industry. A great example is our ground-breaking World Class Payments project.

Through this work we have set out a clear, evidence-based vision of how payments in the UK might look in the future if they are built on customers’ needs. Our growing membership can help us move this vision forward and ensure we deliver the very best outcomes for the industry and its many different customers,” said Maurice Cleaves, Chief Executive of Payments UK.